NOT LISTED FOR SALE

27040 Springcreek Rd Rancho Palos Verdes, CA 90275

Estimated Value: $1,673,000 - $1,855,863

4 Beds
2 Baths
2,051 Sq Ft
$860/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $1,605,000 $783 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $11,446/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Main Floor Bedroom
  • Private Yard
  • Montemalaga Elementary School Rated A+
  • Quartz Countertops
  • No HOA

About This Home

As of December 2023

Welcome to this charming 4 bedroom/2 bath home boasting 2,051 square feet of comfortable living space. This residence has recently undergone a rejuvenating transformation with fresh paint and new carpet, making it the epitome of move-in readiness. As you step inside, you’ll be greeted by an inviting and spacious living room, complete with a cozy fireplace, perfect for creating warm and memorable moments during the colder months. The open layout seamlessly connects this space to the rest of the house, making it an ideal hub for entertaining friends and family.
Located in a desirable neighborhood, this home offers a tranquil and safe environment while remaining close to essential amenities, schools and parks. This great home is ready to welcome you with open arms!

Last Agent to Sell the Property

Gayle Probst

Estate Properties License #01137236 Listed on: 11/04/2023

Last Buyer's Agent

Cari Corbalis

Vista Sotheby’s International Realty License #00850678

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,490

Year Built

  • Built in 1960

Lot Details

  • 9,024 Sq Ft Lot
  • Wood Fence
  • Sprinkler System
  • Private Yard
  • Front Yard
  • Property is zoned RPRS8000*

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Driveway Up Slope From Street

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2,051 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Open Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 21355
  • Assessor Parcel Number 7578025001
  • $1,001 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,490

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: RPRS8000*
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7578025001
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2051.00 Square Feet
  • Interior Amenities: Quartz Counters
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Family Room, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 782.55
  • Room Type: Entry, Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio, Patio Open
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Driveway Up Slope From Street, Garage, Garage Faces Side, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Range Hood, Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999, Sprinkler System, Yard
  • Lot Size Sq Ft: 9024.00
  • Lot Size Acres: 0.2072

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9024.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.18
  • Tax Lot: 31
  • Tax Tract Number: 21355
  • TaxOtherAnnualAssessmentAmount: 1001.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
Nov 28, 2023
Sold by
Fatima A Lakhani Revocable Trust
Bought by
Schneider Family Trust and Schneider
Seller's Agent
Gayle Probst
Estate Properties
Buyer's Agent
Cari Corbalis
Vista Sotheby’s International Realty
List Price
$1,525,000
Sold Price
$1,605,000
Premium/Discount to List
$80,000
5.25%
Total Days on Market
6
Views
113
Current Estimated Value
$1,764,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,466
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Jul 14, 2006
Sold by
Duncan Frances Theresa
Bought by
Alexander Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2003
Sold by
Lakhani Fatima A
Bought by
Lakhani Fatima A and The Fatima A Lakhani Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2001
Sold by
Lakhani Fatima A
Bought by
Lakhani Fatima A and Fatima A Lakhani Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.14%

Purchase Details

Closed on
May 1, 2001
Sold by
Lakhani Fatima A and The Fatima A Lakhani Revocable
Bought by
Lakhani Fatima A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.14%

Purchase Details

Closed on
Aug 11, 1998
Sold by
Lakhani Fatima A
Bought by
Lakhani Fatima A and Fatimaa Lakhani Revocable Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schneider Family Trust $1,605,000 Progressive Title
Alexander Mark $1,130,000 Chicago Title
Lakhani Fatima A -- Lawyers Title
Lakhani Fatima A -- Lawyers Title
Lakhani Fatima A -- Lawyers Title Company
Lakhani Fatima A -- Lawyers Title Company
Lakhani Fatima A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lakhani Fatima A $938,250
Previous Owner Alexander Mark $600,000
Previous Owner Lakhani Fatima A $258,000
Previous Owner Lakhani Fatima A $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $1,605,000 +5.2% $783 / Sq Ft
11/12/2023 11/12/23 For Sale $1,525,000 -5.0% $744 / Sq Ft
11/11/2023 11/11/23 Pending -- -- --
11/10/2023 11/10/23 Off Market $1,605,000 -- --
11/04/2023 11/04/23 For Sale $1,525,000 -- $744 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,490 $1,605,000 $1,284,000 $321,000
2023 $5,754 $441,950 $199,126 $242,824
2022 $5,482 $433,285 $195,222 $238,063
2021 $5,500 $424,791 $191,395 $233,396
2019 $5,271 $412,193 $185,719 $226,474
2018 $5,146 $404,112 $182,078 $222,034
2016 $4,880 $388,421 $175,008 $213,413
2015 $4,830 $382,588 $172,380 $210,208
2014 $4,775 $375,095 $169,004 $206,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV23204381

California Regional Multiple Listing Service (CRMLS)

APN: 7578-025-001